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Strategies & Market Trends : Graham and Doddsville -- Value Investing In The New Era -- Ignore unavailable to you. Want to Upgrade?


To: Investor2 who wrote (184)4/17/1998 11:49:00 PM
From: porcupine --''''>  Read Replies (2) | Respond to of 1722
 
<< ... big bubbles similar to today, in the opinion of the authors,
followed by devastating declines in stock prices. >>

"[T]he same tide that carried the financial markets to such splendid gains from the final months of 1990 ... has turned and is powerfully running the other way. It seems to us, for investors, that's the most important thing we need to know, maybe the only thing they need to know." Alan Abelson, dean of Barron's columnists, on 1/9/95 with the Dow at 3867, a few points from its low for the year.



To: Investor2 who wrote (184)4/18/1998 10:23:00 AM
From: Freedom Fighter  Read Replies (1) | Respond to of 1722
 
Dear Investor2 and Porc

>I went to the link you provided and began reading the article. After
>reading the first few sentences, I started skimming through the >article
>quickly. The last couple of paragraphs barely got a glance.

The reason I posted this particular article was because of the source and the data to back it up. There are always plenty of doom and gloomers out there. However, when an excess becomes so large that some of the more conservative and responsible sources of discussion feel compelled to speak out, one should take notice. Especially when there is economic data to prove the point. The timing of these sorts of things is always impossible and is really not important from a investors point of view since NOONE can time these things at all. The understanding of the events and conditions that are producing the results is paramount! This article did a good job of that and wasn't from a source of info that has been a doom and gloomer since forever. Sorry you didn't care to read it!